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Stock Market & Financial Investment News

News Breaks
July 28, 2014
06:43 EDTAUDVF, VLKAYAudi decreases spare-part costs in China amid investigation, Reuters says
Volkswagen's (VLKAY) premium brand Audi (AUDVF) said it plans to reduce spare-part costs in China as worldwide carmakers rush to amend their pricing goals after the National Development and Reform Commission in China started investigating the vehicle industry, according to Reuters, citing comments in an emailed statement from Audi. The NDRC is looking into the industry amid domestic media allegations that foreign car companies, using a monopolistic market position, are charging Chinese clients too much on products and extra parts. Reference Link
News For AUDVF;VLKAY From The Last 14 Days
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April 17, 2015
06:53 EDTVLKAYVolkswagen CEO to stay in position despite fallout with chairman, Reuters says
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April 16, 2015
06:02 EDTVLKAYVolkswagen's supervisory board to meet to resolve leadership dispute, WSJ says
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April 12, 2015
19:15 EDTVLKAYVolkswagen chairman has 'distanced' himself from CEO, Reuters says
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April 6, 2015
09:51 EDTVLKAYVolkswagen to increase TN plant expansion, Chattanooga Times Free Press says
Volkswagen looks to increase a a planned expansion at its Chattanooga plant by another 130,153 square feet, reports the Chattanooga Times Free Press. According to city documents, the increase would boost the size of the originally planned expansion by about 25% and would cost nearly $18M more. Reference Link

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